GST Rates & HSN Code for Cocoa Powder, Beans, Paste, Butter, Chocolate & other Food Product containing Cocoa are mentioned in Chapter 18.
GST Rates & HSN Code for Chocolate and other Cocoa products under chapter 18 are summarized in following table:
|
HSN Code |
Description |
Rate (%) |
Effective From |
CESS (%) |
Related Export / Import HSN Code |
|
1801 |
Cocoa beans whole or broken, raw or roasted |
5 |
28/06/2017 |
18010000 |
|
|
1802 |
Cocoa shells, husks, skins and other cocoa waste |
5 |
28/06/2017 |
18020000 |
|
|
1804 |
Cocoa butter, fat and oil |
18 |
14/11/2017 |
18040000 |
|
|
1805 |
Cocoa powder, not containing added sugar or sweetening matter |
18 |
14/11/2017 |
18050000 |
|
|
1803 |
Cocoa paste whether or not de-fatted |
5 |
28/06/2017 |
18031000, 18032000 |
|
|
1806 |
Chocolate and other food preparations containing cocoa |
18 |
14/11/2017 |
18061000, 18062000, 18063100, 18063200, 18069010, 18069020, 18069030, 18069040, 18069090 |
Disclaimer: Rates given above for chocolate and other Cocoa items are mentioned according to 31st GST board meeting held on 22nd December 2018. There might be variations because of Government’s most recent updates. Against each rate, you must check the “Effective from” date mentioned herein. On the off chance that you have to check a rates earlier than “Effective from”, you can keep an eye on government site.
FAQs
GST Rates Cocoa Products & Chocolates depend on their HSN Codes based on their description. The GST rates on Cocoa Products & Chocolates are from 5 to 28%.
From the second year of GST operations, mentioning a 2-digit chapter level HSN code will be mandatory for all taxpayers with turnover between Rs. 1.5 crore and Rs. 5 crores in the previous financial year.
The HSN Code is an 8 digit number and SAC Code is a 6 digit number. It is to be mentioned in the GST Invoice and GST Return.
Hey @HarishMehta
From 1st April 2021, Taxpayers with an aggregate Annual Turnover of more than INR 5 Crore during the financial Year 2020-2021 have to mandatorily mention 6 digits of the HSN Code in all tax invoices.
Businesses with a turnover of up to INR 5 crore in the preceding financial year will be required to mandatorily furnish 4 digit HSN code on B2B invoices.
Hope this helps!
Hey @Dia_malhotra
Let’s take an example of Cocoa powder to calculate the GST using the HSN code.
Cocoa Powder per Kg = INR1,000.
HSN Code = 18 05 00 00
GST Rate = 18% (For Cocoa powder, not containing added sugar or sweetening matter)
Therefore, GST = INR180
Hope this helps!
Hey,
What are the consequences of not mentioning or incorrectly mentioning the HSN Code?
Hey @SonalYadav
It is very crucial to mention the correct HSN/ SAC Code on the tax invoices and Form GSTR-1, barring to do so may attract a penalty of INR 50,000 (INR 25,000 each for CGST and SGST) for non-mentioning or incorrect mention of wrong HSN/ SAC Code under Section 125 of the CGST Act.
Hope this helps!
Hey @Prasana_Srinivasan, this tool can help